# Corporation Tax Act 2010, Section 357IA: Power of Northern Ireland Assembly to set Northern Ireland rate

Extent: E+W+S+N.I.

(1) The Northern Ireland Assembly (“the Assembly”) may by resolution set the Northern Ireland rate for one or more financial years specified in the resolution.
(2) The Assembly may by resolution cancel a resolution under subsection (1).
(3) A resolution under this section may not be passed by the Assembly except in pursuance of a recommendation which—
(a) is made by the Minister of Finance, and
(b) is signified to the Assembly by the Minister or on the Minister's behalf.
(4) A resolution under this section may not be passed by the Assembly without cross-community support.
(5) Section 63 of the Northern Ireland Act 1998 (financial acts of the Assembly) does not apply to a resolution under this section.
(6) This section authorises the setting of a nil rate.
(7) In this section “cross-community support” has the meaning given by section 4(5) of the Northern Ireland Act 1998.

---
Source: https://www.legislation.gov.uk/ukpga/2010/4/section/357IA (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-357IA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.